Comcast Business Closes Masergy Acquisition

Comcast Business
(Image credit: Comcast Business)

PHILADELPHIA—Comcast Business has completed its acquisition of Masergy, a software-defined networking (SDN) and cloud platforms for global enterprises. 

With over twenty years’ experience and innovation in managed network, cloud, and security services, Masergy has more than 1,400 customers in nearly 100 countries worldwide. The combination of Comcast Business’s leading advanced network and Masergy’s innovative services will enable Comcast Business customers to manage their international operations and networks more efficiently, Comcast said. 

The acquisition will also help Comcast Business better serve large and mid-size companies, particularly U.S.-based organizations with multi-site global operations, and will strengthen its overall channel distribution strategy, Comcast said. 

“We’re very pleased to have closed on our acquisition of Masergy and are excited to officially have their outstanding employees and leadership as part of the Comcast Business family,” said Bill Stemper, president, Comcast Business. “This deal fortifies our channel distribution strategy and redoubles our commitment to the channel partner community. The combination of our teams and complementary service portfolios will enhance the value we bring to large and mid-size companies worldwide.”

George Winslow

George Winslow is the senior content producer for TV Tech. He has written about the television, media and technology industries for nearly 30 years for such publications as Broadcasting & Cable, Multichannel News and TV Tech. Over the years, he has edited a number of magazines, including Multichannel News International and World Screen, and moderated panels at such major industry events as NAB and MIP TV. He has published two books and dozens of encyclopedia articles on such subjects as the media, New York City history and economics.